The Retail Trust, trading as retailTRUST, is a registered charity based in North London which aims to support those working and retired from the retail industry in the United Kingdom. The charity runs a helpline and several retirement estates in England and Scotland, as well as providing educational bursaries and hardship grants.
Retail Trust
Formation
1832
Type
Registered Charity
Legal status
Company Limited by Guarantee
Purpose
Supporting people working and retired from the retail industry
retailTRUST was founded in 1832 by Thomas Helps, as The Linen and Woollen Drapers, Silk Mercers, Lacemen, Haberdashers and Hosiers' Institution. Initially it was a "confederacy of good feeling" with close links to the emerging department store sector.[1] In 1898, an estate in Mill Hill was donated to the charity, which became the first retirement estate for aged retail workers and it changed its name to The Cottage Homes Charity. Queen Elizabeth II became a patron in 1948. Two more retirement estates were acquired in 1956 and 1960, in Derby and Glasgow respectively.
In 1996, Cottage Homes launched its Helpline, which shifted the focus of the charity to current retail workers. In 2002, the charity adopted the present name and opened a fourth retirement home in Liverpool. A fifth retirement estate was opened in 2009 in Salford.
Traditionally retailTRUST's fundraising initiatives focused on high-profile gala events, such as the London Ball, the Great Northern Ball and the Grand Scottish Ball. The first London Ball was held in 1952. The annual ball has become one of the most prestigious events in the retail calendar. It is regularly attended by retail giants, such as Sir Stuart Rose and Sir Philip Green as well as celebrities e.g. Caprice[2][3] The Ball has been hosted by several household names, including Ruby Wax and Jimmy Carr.
retailTRUST also launched a talent competition in 2009 called Search for a Star.[4]
retailCUReedit
Retail Credit Union Limited, trading as retailCURe, is a savings and loans co-operative launched in 2017. In 2013, retailTRUST identified mounting concerns among retailers about the number of employees reporting financial difficulties, prompting the establishment of a credit union for retail. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the PRA. Ultimately, like the banks and building societies, members’ savings are protected against business failure by the Financial Services Compensation Scheme.[5][6]
^. Archived from the original on 2009-11-21. Retrieved 2009-07-06.
^. www.retailtrustsearchforastar.co.uk. Archived from the original on 2009-10-12.
^Milligan, Brian Why are credit unions not very popular? BBC News, 13 June 2014
^Jones, Rupert John Lewis-backed credit union bids to fend off payday lenders The Guardian, 23 May 2017
External linksedit
Retail Trust
Retail Credit Union
May 07, 2024
retail, trust, trading, retailtrust, registered, charity, based, north, london, which, aims, support, those, working, retired, from, retail, industry, united, kingdom, charity, runs, helpline, several, retirement, estates, england, scotland, well, providing, e. The Retail Trust trading as retailTRUST is a registered charity based in North London which aims to support those working and retired from the retail industry in the United Kingdom The charity runs a helpline and several retirement estates in England and Scotland as well as providing educational bursaries and hardship grants Retail TrustFormation1832TypeRegistered CharityLegal statusCompany Limited by GuaranteePurposeSupporting people working and retired from the retail industryHeadquartersLondonLocationUnited KingdomRegion servedGreat BritainStaffapprox 165Websitehttp www retailtrust org uk Contents 1 History 2 Events 3 retailCURe 4 See also 5 References 6 External linksHistory editretailTRUST was founded in 1832 by Thomas Helps as The Linen and Woollen Drapers Silk Mercers Lacemen Haberdashers and Hosiers Institution Initially it was a confederacy of good feeling with close links to the emerging department store sector 1 In 1898 an estate in Mill Hill was donated to the charity which became the first retirement estate for aged retail workers and it changed its name to The Cottage Homes Charity Queen Elizabeth II became a patron in 1948 Two more retirement estates were acquired in 1956 and 1960 in Derby and Glasgow respectively In 1996 Cottage Homes launched its Helpline which shifted the focus of the charity to current retail workers In 2002 the charity adopted the present name and opened a fourth retirement home in Liverpool A fifth retirement estate was opened in 2009 in Salford In 2001 it became a private company limited by guarantee and not having share capital registered under the Companies Act 1985 with exemption from use of the limited suffix Events editTraditionally retailTRUST s fundraising initiatives focused on high profile gala events such as the London Ball the Great Northern Ball and the Grand Scottish Ball The first London Ball was held in 1952 The annual ball has become one of the most prestigious events in the retail calendar It is regularly attended by retail giants such as Sir Stuart Rose and Sir Philip Green as well as celebrities e g Caprice 2 3 The Ball has been hosted by several household names including Ruby Wax and Jimmy Carr retailTRUST also launched a talent competition in 2009 called Search for a Star 4 retailCURe editRetail Credit Union Limited trading as retailCURe is a savings and loans co operative launched in 2017 In 2013 retailTRUST identified mounting concerns among retailers about the number of employees reporting financial difficulties prompting the establishment of a credit union for retail It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the PRA Ultimately like the banks and building societies members savings are protected against business failure by the Financial Services Compensation Scheme 5 6 See also editCredit unions in the United KingdomReferences edit About Us Retail Trust www retailtrust org uk Archived from the original on 2008 12 15 http www retailtrust org uk photogallery photo asp id 53 amp lStart 0 dead link Untitled Document Archived from the original on 2009 11 21 Retrieved 2009 07 06 Welcome Retail Trust Search for a Star www retailtrustsearchforastar co uk Archived from the original on 2009 10 12 Milligan Brian Why are credit unions not very popular BBC News 13 June 2014 Jones Rupert John Lewis backed credit union bids to fend off payday lenders The Guardian 23 May 2017External links editRetail Trust Retail Credit Union Retrieved from https en wikipedia org w index php title Retail Trust amp oldid 1190480915, wikipedia, wiki, book, books, library,
